Likhitha Infrastructure Limited reported a decline in its financial performance for the year ended March 31, 2026, with net profit falling 42% year-on-year to ₹40.02 crore. Revenue from operations decreased to ₹456.73 crore from ₹521.22 crore in the previous fiscal year. The board approved the audited standalone and consolidated financial results at a meeting held on May 27, 2026. The company also released its investor presentation for Q4 and FY26 on June 02, 2026.

FY26 Financial Performance

The company's profitability metrics contracted during the fiscal year. Net profit for FY26 stood at ₹40.02 crore, compared to ₹69.37 crore in FY25. EBITDA dropped to ₹62.46 crore from ₹100.35 crore, while the EBITDA margin narrowed to 13.56% from 19.38%. On a consolidated basis, the company reported a net profit of ₹38.55 crore for the year, down from ₹69.43 crore in FY25.

Q4 Performance

For the fourth quarter ended March 31, 2026, net profit fell 71% year-on-year to ₹5.15 crore. Revenue from operations decreased to ₹120.69 crore from ₹135.50 crore in Q4FY25. EBITDA for the quarter stood at ₹9.64 crore, down from ₹25.36 crore in the corresponding period of the previous year. The EBITDA margin narrowed to 7.92% from 18.53%.

Operational Highlights

The company's outstanding order book stood at approximately ₹850 crore as on March 31, 2026. Likhitha Infrastructure operates across four business segments: City Gas Distribution Projects, Cross Country Pipeline Projects, Operation & Maintenance Services, and Tankage. The auditors, NSVR & Associates LLP, issued an unmodified opinion on the standalone and consolidated financial results.

Likhitha Infrastructure Limited has secured a significant order worth ₹121.04 crore from Oil India Limited for coating refurbishment and associated works. The contract, dated May 28, 2026, pertains to the Pipeline Rehabilitation Project Phase-II-Spread 1 and Spread 2 in Assam. This development strengthens the company's order book in the infrastructure sector.

The project is classified as a domestic order and is expected to be executed over a period of three years. The total contract value includes Goods and Services Tax (GST) and is divided into two specific spreads. The first spread is valued at ₹65.41 crore, while the second spread accounts for ₹55.63 crore.

Order Details

The disclosure was made to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order is not a related party transaction and was conducted at arm's length. Furthermore, none of the promoters, promoter group, or group companies hold any interest in the entity awarding the contract.

The company stated that the order is a domestic engagement and does not involve any interest from the promoter group. This information was submitted by Pallavi Yerragonda, Company Secretary & Compliance Officer.